For countries whose currency isn't traded on the forex market, crypto is a no-brainer for travelers.
I've heard, that France doesn't have an exchange vor Zimbabwe dollars eventhough the bank of France issued the Zimbabwe dollar. I dont know if this is still the case but it sure still is a pain in the butt for international traveling people to exchange their currency into the foreign currency of the country they are visiting. Crypto is traded everywhere. I'm not sure about the crypto infrastructure in said countries but it sure would be possible to set up bitcoin etms and such to make it easier to travel or employ internationally.
I'm getting mixed answers from the internet. So maybe, Leddit can give me the real answer to this. If i start trading forex right NOW, will i get in trouble? If yes, what law am i breaching? What charges will i get and who will? Will my bank account gets freeze? If not, why not? What legal platform in the Philippines can i use? Is etoro regulated by BSP? Is it safe? What are the risk? Tnx.
Okay so i really wanted to get into Forex Trading but the problem is that I saw a SEC advisory that announced that Forex Trading is illegal. However, there are foreign brokers from outside the country that are regulated and approved by the BSP. This lead me to believe that the SEC only released this statement because a lot of people were scammed by fake brokers and companies. Furthermore, there is still a lot of Forex Traders in the Philippines and there hasnt been an incident of a day trader being arrested. I really wanted to get into Forex Trading but im scared that i might be imprisoned.
When is the best time to start day trading/scalping forex currencies from the Philippines?
New trader: What strategy do my Filipino forex traders use without staying up 24hrs just to catch the markets and staring at the charts all day? The daily time frames aren’t my thing and being at the computer 4pm-4am is hard when you have to be awake at 8am.
Okay so i really wanted to get into Forex Trading but the problem is that I saw a SEC advisory that announced that Forex Trading is illegal. However, there are online brokers from outside the country that are regulated and approved by the BSP. This lead me to believe that the SEC only released this statement because a lot of people are scammed by fake brokers and companies. Furthermore, there are still a lot of Forex Traders in the Philippines and there hasnt been an incident of a day trader being arrested. I really wanted to get into Forex Day Trading but im scared that i might be imprisoned.
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Forex trading or currency trading can be challenging and potentially profitable opportunity for investors. However, before deciding to participate in the forex market, you should carefully ... Anda ingin Belajar Binomo Trading Binary ! Tapi tidak mengerti Teknik dan Strategi yang digunakan? Atau anda sudah menonton youtube tapi belum paham juga ! Trader, Manage your account, Funds Manager, Teacher Binary Options and Forex Market, Traveller,Entrepreneurship, Book publishing entrepreneur *Business/Endorse : Email : [email protected] If you want to create an additional source of income or to trade Forex professionally to replace your job, this Professional Forex Trading course will give y... Professional Forex Trading Course Lesson 1 By Adam Khoo - Duration: 58 ... Drop shipping in Philippines - Duration: 1:05:23. Olern Recommended for you. 1:05:23. Best Trend Lines Trading Strategy ... Enjoy watching everyone! Love from The Philippines, -Tres Hermanas. Too often new traders come into the market without getting to know the most fundamental components of foreign exchange and how currencies work. So we decided...
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